Who can join
| Partner type | What you need |
|---|---|
| Authorised person (AP) | Registration as an AP with the exchange, through your broker |
| Research analyst (RA) | SEBI registration as a research analyst |
| Investment adviser (IA) | SEBI registration as an investment adviser |
| Educator or content creator | Teaching content with no return claims, trade calls or tips |
| Remisier | Introduces clients, who then sign up with QuantPower directly |
| Reseller | A business that sells QuantPower plans to its own customers and supports them |
These limits follow SEBI's rules. Since 2024, SEBI-regulated entities, including the brokers QuantPower connects to, may not associate with anyone who gives advice without registration or makes claims of returns. Since September 2022, brokers have also been barred from referring to the returns of an algo, or associating with platforms that do. Holding partners to the same standard protects the clients they introduce.
What partners may say
Stick to facts that clients can check:
- QuantPower is trading software for building, testing and running your own strategy rules.
- Orders go from your own broker account through the broker's official API, with your own API key, from a static IP registered with your broker, after the broker's daily login with two-factor authentication.
- Funds and securities stay with your broker. QuantPower is not a broker or an adviser, and it gives no tips or calls.
- The QuantPower Standard plan is free during the Beta (₹299/month after); Professional is ₹499/month and Ultimate ₹999/month, GST extra. See pricing.
- Backtests and paper trading are simulations and do not predict live results.
- Trading involves substantial risk.
What partners may not say or do
- Promise or imply returns. No profit figures, win rates, P&L screenshots or backtest returns, and no words such as "guaranteed", "risk-free" or "assured".
- Claim approval. Do not describe QuantPower as "SEBI-approved", "SEBI-registered", "NSE-approved" or "empanelled", or its strategies as "approved". SEBI does not approve trading software.
- Mix in trade calls. Do not pair QuantPower with tips or calls. RAs and IAs keep their research and advice separate, under their own registration.
- Handle logins. Never log in to a client's broker or QuantPower account, or ask for passwords, OTPs, authenticator codes or API keys.
- Trade for clients. Each client runs QuantPower on their own account. Our guide to algo trading for sub brokers explains why.
- Offer your own algo. An algo you built is for you and your immediate family. Offering it to clients needs empanelment as an algo provider.
- Speak for QuantPower. Do not present yourself as QuantPower staff or make promises on its behalf.
Partner terms
| Partner | Share of the subscription fee |
|---|---|
| Remisier | 20% for every client referred |
| Reseller | 70% |
The share is a percentage of the subscription fee each client pays for their own plan. Terms for other partner types, and when shares are paid, are shared in writing when an application is accepted. Partners who are SEBI-registered follow their own regulations on fees, and disclose to their clients any share they receive.
How to apply to the QuantPower partner programme
- Write to us. Email [email protected] with your name, firm, AP, RA or IA registration number, or links to your teaching content, and how you plan to introduce QuantPower.
- Review. QuantPower checks your registration and your public content, including for return claims.
- Terms. If your application is accepted, we share the full terms in writing before you start.
Individual traders who want to refer a friend can use the QuantPower referral programme instead.
Related guides
- QuantPower pricing: the plans your clients choose from
- SEBI compliance: how QuantPower works with brokers under SEBI's rules
- SEBI rules for option trading: SEBI's algo framework in plain terms
- Broker connection requirements: what each client needs to connect
Start your free trial
Connect your broker, build a strategy and test it on paper before a single live order goes out.
Frequently asked questions
Is the partner programme open to anyone?
No. It is for APs, SEBI-registered research analysts and investment advisers, and educators who make no return claims.
Can a partner manage trades for clients?
No. Each client runs QuantPower on their own broker account with their own login. Deciding trades for clients needs SEBI registration as a portfolio manager.
Can partners share backtest results with their audience?
Not to promote QuantPower. Backtests are simulations, and quoting their returns is a return claim. Show how the tools work with sample data instead.
Do educators need SEBI registration to join?
Not to teach how markets and tools work. Giving investment advice or recommendations needs SEBI registration as an investment adviser or research analyst.
How should partners describe QuantPower?
As trading software that connects to the client's own broker account through the broker's official API. It is not a broker or an adviser, and SEBI does not approve trading software.
Sources
- SEBI (Intermediaries) (Amendment) Regulations, 2024: association with unregistered persons and claims of returns
- SEBI, circular on algorithmic trading services offered by stock brokers (SEBI/HO/MIRSD/DOP/P/CIR/2022/117), 2 September 2022
- SEBI, circular on safer participation of retail investors in algorithmic trading, 4 February 2025
- SEBI, circular on the role of sub-brokers vis-à-vis authorised persons (SEBI/HO/MIRSD/DoP/CIR/P/2018/117), 3 August 2018